LiqTech International, Inc. (LIQT) AI Stock Analysis

LiqTech International, Inc. is a clean technology company specializing in the design, development, production, marketing, and sale of advanced filtering systems across global markets. Established in 2000 and headquartered in Ballerup, Denmark, the company operates through three segments: Water, Ceramics, and Plastics. In Water, it produces silicon carbide ceramic filtration technologies for liquid and gas purification, including marine scrubber systems, industrial water filtration, reverse osmosis pre-filtration, and UV disinfection. The Ceramics segment provides diesel particulate filters for exhaust emission control in retrofit and original equipment manufacturing markets. The Plastics segment manufactures machined and welded components for industrial applications.

Revenue has contracted over the longer term, marked by a 5-year revenue CAGR of -6.0% from FY2020 to FY2025. In FY2025, revenue grew 13.0% to $16.5M, improving from $14.6M in FY2024, while gross margin expanded from 1.7% to 7.6%. However, operating margin remained negative at -50.3%, resulting in a net income of -$8.5M and an EPS of -$0.85. For the trailing twelve months, revenue was $15.4M with an operating margin of -53.4% and an EPS of -$0.74. In the latest quarter ended June 30, 2026, quarterly revenue fell 12.0% year-over-year, while quarterly earnings growth increased 459.2%.

As of June 30, 2026, LiqTech held $15.7M in cash and short-term investments against $5.8M in total debt, resulting in net cash of $9.9M. The company maintains a current ratio of 4.37 and a debt-to-equity ratio of 0.22, with shareholders' equity of $25.9M. Cash flows remain negative, evidenced by an operating cash flow of -$6.1M and free cash flow of -$6.5M in FY2025. Capital expenditures for FY2025 were $395,180. The 5-year share count increased by 682.3%.

LiqTech trades at a forward P/E of 28.4x, which is higher than the 17.2x median of its US-listed Industrials peers. Its price-to-sales ratio is 0.8x and EV-to-revenue is 0.9x, both below the peer median price-to-sales of 1.5x. Over the past year, LIQT shares fell 83.5%, compared to a 16.8% gain for the S&P 500. Over five years, the stock dropped 99.2% while the S&P 500 gained 83.0%. The company has a market cap of $12.5M and an enterprise value of $14.6M.

Wall Street coverage includes 1 Strong Buy rating, with no Buy, Hold, Sell, or Strong Sell ratings. The mean price target is $1.30, representing an upside of 242.1% from the last close of $0.38. For the fiscal year ending December 31, 2026, the consensus expects revenue of $20.0M and an EPS of -$0.30. For the next fiscal year, 1 analyst projects revenue of $24.5M and EPS of -$0.28. LiqTech beat EPS estimates in 2 of the last 4 quarters, and its next earnings date is November 12, 2026.

This page is an AI-written research summary of LiqTech International, Inc. (LIQT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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